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Drilling Commences – Trench Sampling Completed Lac Laura Gold Project - Quebec
Vancouver, BC – December 7th, 2011
Pro Minerals Inc. (TSX Symbol“PRM”); and its Board of Directors are pleased to announce that the Company has commenced diamond drilling on its 100% owned Lac Laura Gold Project situated near the mining town of Chapais, Quebec. Pro Minerals has also completed its trench sampling program in this same area and the samples have now been submitted for assaying, with the results pending.
Option To Acquire Gold-Copper Claims
Vancouver, BC – November 10, 2011
Pro Minerals Inc. (TSX.V Symbol – “PRM”) is pleased to announce that it has been granted an option to acquire ten prospective gold-copper mineral claims located in the mining centre of Chibougamau, Quebec. The Company can earn a 100% interest in the Copperville Project by issuing the optionors a total of 1,500,000 shares over a period of two years. The claims are subject to a 3% net smelter return of which the Company may purchase one-half for the sum of $1,000,000 and has the first right of refusal to purchase the balance of the royalty. The acquisition of the claims is subject to acceptance by the TSX Venture Exchange.
Private Placement
Vancouver, BC – October 21, 2011
Pro Minerals Inc. (TSX.V Symbol – “PRM”), and it’s Board Of Directors are pleased to announce that the Company has arranged, subject to regulatory approval, a private placement of 6,400,000 units at a price of $0.05 per unit for total proceeds of $320,000.00. Each unit consists of one common share and one share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of 5 years at a price of $0.10 per share. The proceeds from the financing will be used for general working capital purposes.
AGM Report
Vancouver, B.C. – Tuesday, October 11th, 2011
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to report that all of Management’s proposed recommendations submitted for approval by the Company’s shareholders at the Company’s Annual General Meeting (“AGM”) held October 11, 2011 were unanimously approved.
Phase Two of Exploration Complete Cairo Gold Project
Vancouver, BC – September 23, 2011
Pro Minerals Inc. (TSX.V-“PRM”) is pleased to announce that the Company has completed Phase Two of exploration on its 100% owned Cairo Gold Project situated near Matachewan, Ontario. In this phase, a leading edge XDS VLF-EM airborne survey was flown over 570 line kilometres. The technology utilized high sensitivity and horizontal gradient magnetics. The survey was flown by Terraquest Ltd. at 100 metre intervals in two directions (north-south and east-west) to provide detailed information with respect to certain geological structures located on the claims.
More Articles...
- Gold Claims Acquisition
- Exploration Results Shining Tree Gold Project - Ontario
- Drilling Complete – Assays Pending Shining Tree Gold Project - Ontario
- Shining Tree Gold Project - Ontario Drilling To Commence
- Pro Minerals Appoints Christian G. Derosier Vice-President Of Exploration
- Drilling Begins Adjacent to Pro Mineral’s Shining Tree – Beilby Lake Gold Project
- AGM Report
- Sale Of Two Ontario Claims
- S. Carmichael, P.Geo Appointed To Advisory Board
- Drilling Recommended For Shining Tree Gold Project
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